How a nation's balance of payments impacts its currency exchange rate as evidenced by Turkey and other countries. Topics covered include: Show Notes Will Turkey’s new economic officials win over investors?—The Economist As the lira slides, what will Turkey’s central bank do?—The Economist A row between Turkey and Greece over gas is raising tension in the eastern Mediterranean—The Economist Turkey is wielding influence all over the Arab world—The Economist Turkey’s … [Read more...]
297: How To Protect Your Savings
How to protect your savings from monetary threats like devaluation. Why high yield savings accounts exist and are they worth it. Topics covered include: Why Lebanon defaulted on its national debt and announced it will devalue its currency by 57%.Why some depositors in Lebanon will probably lose some of their bank savings.What investors can do to protect themselves from currency devaluations.What are stablecoins and why are they useful.Why some online banks pay above-average interest … [Read more...]
